Rayonier Q1 Adj. EPS $0.07 Beats $(0.54) Estimate, Sales $276.800M Miss $284.173M Estimate

Rayonier Inc.

Rayonier Inc.

RYN

0.00

Rayonier (NYSE: RYN) reported quarterly earnings of $0.07 per share which beat the analyst consensus estimate of $(0.54) by 112.96 percent. This is a 450 percent increase over losses of $(0.02) per share from the same period last year. The company reported quarterly sales of $276.800 million which missed the analyst consensus estimate of $284.173 million by 2.59 percent. This is a 233.90 percent increase over sales of $82.900 million the same period last year.